Professional Documents
Culture Documents
Q1:
Factors that encourages firm to partner to compete are wealth achievement, brand name, innovation,
achieving the top position, social needs, better supply chain, low pricing, market strategy, better
technology, skilled labor, well reputation, better success rate and so on.
Q3:
Government policies hit hard to large and small firm of pharmaceutical because every government have
their own policies. The testing process of drugs is lengthy because every government have drug
enforcement department which make sure that drug is first test on other living animals rather than
human.
Price control and regulations also arise many issues between these firms.